Boston, MA 10/15/2013 (wallstreetpr) – The U.S. based microprocessor manufacturer Intel Corporation (NASDAQ:INTC)’s 2Q2013 earnings declared yesterday narrowly missed reaching the predictions by investors and industry analysts.
The earnings of $0.39 per share and $12.8 billion in revenue reported by Intel are 5 percent less than the year-ago quarter figure this time around. Analysts expected the chipmaker to report earnings of $0.40 per share on $12.9 billion in revenue. The U.S. based chipmaker and one of the world’s most respected technology firms expect revenue generation worth $13.5 billion next quarter.
Slow in implementing its strategies, Intel made some unexpected U-turns in the recent past.
Nevertheless, Intel still has a lot of firepower in its arsenal and is still financially ahead of its competition. Being the industry’s leader, its profit margins have always remained a point of envy for its competitors. Adding to that, Intel’s recent investments into research and development amounted to about $10 billion, about seven times greater than its nearest rival, the U.S. based Qualcomm, Inc. (NASDAQ:QCOM).
The hardware giant recently seemed to be caught in a maelstrom concerning its late entry into the mobile technology segment. To challenge leaders of that industry like Qualcomm and UK-based ARM Holdings plc (ADR) (NASDAQ:ARMH), is an uphill task, with Intel having to overcome many a technology and marketing hurdle. And this would be gruelling, considering that most mobile devices are still largely based on ARM’s power-efficient micro-architecture and very few running the Intel x86-based Atom chips.
On the brighter side, the world’s largest semiconductor firm has chalked out ambitious plans by recently entering the Alliance for Wireless Power (A4WP), joining some of its major competitors Qualcomm and ARM Holdings. A4WP is an independent standards organization whose technical specifications are expected to benefit both industry and consumers alike through a next-generation technology called wireless power transfer (WPT).
Determined as it is, Intel could still emerge a winner with cutting-edge solutions to play a more dominant role and gain accolades from shareholders and consumers.
